HAR.com
Houston Real Estate Blogosphere
Houston Real Estate Blogosphere brings together all the blog posts of REALTORS from the Houston area in one place
NOV
15
Israeli Company Buys Up South Florida Condos
By John Askins



Dizengoff Group, a family-owned real estate company based in Israel, has purchased 118 condominium units in South Florida for $6.75 million. The units are costing Dizengoff $53 per square foot, down from $204, when the units were offered by the developer in 2006.

The company says it will rent out the condos until the market recovers. Ronen Saban, manager of the company’s office in Boca Raton, Fla., says his company is sure good weather and a pleasant lifestyle that appeals to Latin Americans and Europeans will eventually restore the Florida housing market to good health.

Source: The Wall Street Journal
Disclaimer: The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the Houston Association of REALTORS®

Post a comment...

To post a comment on this blog post, you must be a My HomeFinder subscriber, or a member of HAR. If you are a My HomeFinder subscriber, please use your e-mail address and password to post your comment. If you are a member of HAR, please use your HAR username and password to post your comment. If you would like to create a My HomeFinder account, please click here.

Here are the full legal terms you agree to by using this comment form.

View other posts from Askins Online Real Estate Blog

About Author

John Askins

Askins Online Real Estate Blog
Visit My Blog
Visit My Web Site
View Housing Trends


About Me
Welcome to Royce Realty, your source for Houston and Texas real estate. If you own property that you are thinking of selling I would be happy to provide you with a FREE Home Evaluation. If you are buyer, in this competitive real estate market, timing is everything. Many good homes are sold before...
Read More...

Royce Realty
4740 Ingersoll # 107
Houston, TX 77027
Phone: (713) 942-9200
Fax: (713) 864-4506



HAR Member Blogs Terms of Use & Content Policy